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and drink. jon: chasing away the elephants. >> reporter: "america live" starts right now. martha: indeed it does, thank you very much. we start with this fox news alert. this is "america live" i'm in for megyn kelly, i'm martha maccallum. we have just learned that president obama is going to speak in under two minutes. he has just been in very high level meetings about the debt ceiling. we are waiting for a briefing from the white house. wendell goler is standing by, he's been watching this process. we are starting to hear a little bit of what came out of the meeting. what can we expect a couple minutes from now. >> reporter: i expect the president will say there was progress made in the meeting with democrat and republican leaders of the house and senate, though he's unlikely to detail the progress. the only comments made at the start of that meeting were about the sandstorm in phoenix. the president put social security on the table today in an effort to cut up the $4 trillion from the deficit. republicans are saying they are considering tax loop hopes closing loopholes but they
the under belly of the plain. jon: thank you for joining us today. patti ann: i'm patti ann brown. >> reporter: getting brand-new reaction from the white house regarding very harsh criticism over their most recent stimulus report, good afternoon, everybody, i'm martha maccallum in for megyn kelly. the report was dropped late friday, right on the c, sp of the long holiday weekend and it found the massive stimulus program saved or created about 2.4 million jobs roughly overall. that is at a cost of $666 billion to american maximum payers. so that comes down to a whooping $278,000 per job. the white house says that they disagree with those numbers. mike emanuel is live at the white house with more on this to help us work this all out. good afternoon, mike. >> reporter: good afternoon, martha. critics of the stimulus package say the taxpayers did not get what they paid for at a price tag of $278,000 per job. the white house says that number is misleading. president obama signed the stimulus package into law on february 17th, 2009, less than a month after taking office. the $787 billio
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